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The fast growth of dispersed and large-scale solar has actually caused an improved reliability expectation for the majority of Australia as it prepares to go into summer.

GoodWe, a world-leading PV inverter as well as energy storage space remedies maker, has authorized a 100MW circulation agreement with GS Global, a Ton of money 500 business.

Financial dedications for utility-scale renewables projects in Australia have actually slowed to the most affordable level in the past five years, according to the Clean Energy Council (CEC), which exposed investment in large-scale batteries in the nation is booming.

AGL has government authorization to build a 500MW/2,000 MWh battery energy storage system at a retiring coal power plant site in New South Wales The proposed BESS by the business will certainly be four times the size of the Victorian Big Battery

Norway's Scatec ASA (OSL: SSO) and Norfund are marketing a combined 50% stake in the 258-MW Upington solar park in South Africa to a fund managed by STANLIB Asset Management Pty Ltd

The Australian Energy Market Operator (AEMO) has actually lifted the wholesale power market suspension in all areas of the National Electricity Market (NEM) from 2pm today (AEST), after stepping in greater than a week earlier.

UDP Renewables, part of the UFuture Investment Group, has commissioned the second phase of the Scythia Solar project, taking the total capacity to 46MW.

Mytilineos SA has secured a 40-MW solar power purchase agreement (PPA) in Queensland, Australia. With the help of SmartestEnergy Australia, a unit of Marubeni Corp, the Kingaroy solar farm is under construction and expected to be operational by 2021. Mytilineos has 11.9 GW of assets in development globally, including 376 MW in Australia.

Luminous Energy achieves financial close on 28.5MW Bracon Ash Solar Farm in Norfolk, UK, providing £10k/year for community projects, 203% biodiversity gain & in line with Net Zero targets. Belectric to build & maintain. TLT, CMS, Fichtner & WTW advised.

Codrington Solar Farm approved by South Gloucestershire Council, providing low carbon energy for 4,400 homes. Construction to begin early 2025 with landscape, ecological and biodiversity benefits.

The PIC, Africa's top asset manager, is investing in renewable energy sources to tackle South Africa's power crisis. Their current investments have already produced 2000 megawatts for the grid, and they have invested 310 million rand in Rifuwo Energy Partners. The PIC is also looking into solar panels on property roofs to provide further renewable energy solutions.

New Leaf Energy announces 64MW portfolio of battery storage projects in Texas, featuring 7 standalone batteries and lithium iron phosphate batteries. Interconnection agreements due by 2024, and commercial operation expected by 2025. Interested parties should contact New Leaf Energy via email.

Acciona Energía's revolutionary solar farm, expected to be the largest in Australia, is set to revolutionise the country's renewable energy sector by 2026. Be part of this exciting project!

Octopus Energy and Nexta Capital Partners join forces for a new joint venture in Italy's energy storage market. The venture is expected to develop up to 1.5GW of energy storage systems, helping the country achieve its decarbonisation goals by 2030. Octopus Energy is also investing €1bn into the venture.

Globeleq acquires majority stake in Mozambique's Mocuba solar PV power farm, part of a 400MW African portfolio. Temane gas-to-power & Namaacha wind projects to reach financial close & commercial operations in 2024.